BC Peace Region

December 1, 2010

Finavera  is pleased to announce it has submitted Environmental Assessment Applications for its 47 megawatt Tumbler Ridge and 77 MW Wildmare Wind Energy Projects in British Columbia. The Applications were delivered to the Environmental Assessment Office and include detailed descriptions of the projects, summaries of the studies conducted to assess baseline conditions, and an extensive analysis of potential direct and cumulative impacts relating to the construction and operation of the projects. The Tumbler Ridge and Wildmare Wind Energy Projects are two of the Company’s four projects that were each awarded 25 year power purchase agreements from BC Hydro in March, 2010. Tumbler Ridge and Wildmare are scheduled to begin construction in 2011 and operation in 2012. Read the press release.